Ripple starts approved decentralized stock exchange on the XRP Ledger: Regulated financial institutions now active in crypto trading!

Ripple starts approved decentralized stock exchange on the XRP Ledger: Regulated financial institutions now active in crypto trading!
ripple leads "Permissioned Dex" on the XRP Ledger
ripple has introduced a new "permissioned dex" (decentralized stock exchange) on the XRP Ledger (XRPL). This platform is aimed at regulated financial institutions and enables it to act with cryptocurrencies. An important feature of this exchange is compliance with Kyc (Know your Customer) and AML (anti-Money Lundering) requirements, which means that the identity of the user must be verified and measures to prevent money laundering are taken.
The introduction of this platform could be of great interest for financial institutions, since it offers a safe and regulated environment for trading digital assets. The fulfillment of regulatory requirements makes it easier for the institutes to get involved in the crypto market without having to take the risk factors of an unregulated trade.
Overall, the "Permissioned Dex" represents an important step for Ripple in the direction of integrating cryptocurrencies into the traditional financial market.